Solar Panel Cost Guide in Dillon, SC (Mar 2023)
- Dillon Solar Installation Cost: $15,422
- 25-Year Savings: $29,144
- Payback Period: 8.6 Years
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Updated March 14, 2023
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Average Cost of Solar Panels in Dillon
Let's have a look at the average cost of solar in Dillon.
In Dillon, solar panels cost about 2.72 per watt on average. Since a 8.1-kW system is needed to cover the energy consumption of a typical home in Dillon, the average price of going solar will be about $15,422 after claiming the federal solar tax credit of 30%.
The true price you pay can go above or below the average in Dillon depending on a few factors, such as the model of solar panels you choose and the solar company you hire. Despite the significant initial cost, the average Dillon homeowner can save around $21,000 on their power bills over 20 years, which is one of the positives of solar.
To receive a free estimate from a highly rated solar installer in Dillon, you can click the button below.
Solar savings over time in Dillon
| Year | Return on Investment |
|---|---|
| 1 years | $-13,640 |
| 3 years | $-10,074 |
| 5 years | $-6,509 |
| 7 years | $-2,944 |
| 9 years | $622 |
| 11 years | $4,187 |
| 13 years | $7,752 |
| 15 years | $11,318 |
| 17 years | $14,883 |
| 19 years | $18,448 |
| 21 years | $22,014 |
| 23 years | $25,579 |
| 25 years | $29,144 |
Top Solar Installers in Dillon
When going solar, many homeowners choose to hire a solar company since handling can be a difficult project. Plus, if you're unsure what kind of solar panels and equipment you want, a solar company can help you find the right equipment for you after a site survey and consultation.
Working with a licensed solar company can make going solar easier. Here are our recommendations:
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
See all of the solar companies in Dillon
Factors that Affect Solar Panel Costs in Dillon
For many Dillon homeowners, the decision to install a solar energy system depends on cost. However, the range of solar installation costs can be quite wide in Dillon, with typical prices between $20,000 to $40,000. There are numerous factors that significantly influence the price you'll pay, which we'll go over below.
Solar Equipment
Solar system size, which is measured in kilowatts, is one of the largest factors that influences the overall cost of going solar. Because of that, it's crucial to accurately assess the size of the solar energy system needed for your home by figuring out your average energy use. There are a lot of different solar panel brands and the one you choose also affects the cost. Generally, the brands that offer higher efficiency tend to also cost more. In addition, the type of equipment you're looking to install can affect your total cost. If you just need panels, your system will be much less expensive than if you also need solar batteries or an electric vehicle charger.
Solar Financing Terms
For some homeowners, paying for solar panels out of pocket can be a challenge. Solar loans are available from most installers in Dillon, which can bring down, or in some cases eliminate, your upfront costs to make solar more affordable. It's a good idea to factor the interest you'll pay in your final cost estimate. If you can afford to pay a higher down payment, you can reduce your total costs and how long it'll take to pay back the loan.
Solar Panel Installation Company
The solar installer you pick will play a role in your total cost to adopt solar power. Different companies will bill different amounts for the equipment and labor. You may come across national solar installers that have lower prices because of their larger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or specials to compete with those major players.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $2.83 | $11,881 | $21,148 | 9.0 years |
| 8 kW | $2.77 | $15,537 | $28,502 | 8.8 years |
| 10 kW | $2.72 | $19,040 | $36,008 | 8.6 years |
| 12 kW | $2.67 | $22,391 | $43,667 | 8.5 years |
| 14 kW | $2.61 | $25,590 | $51,478 | 8.3 years |
| 16 kW | $2.56 | $28,636 | $59,441 | 8.1 years |
| 18 kW | $2.50 | $31,530 | $67,556 | 8.0 years |
| 20 kW | $2.45 | $34,272 | $75,824 | 7.8 years |
How to Save on Solar Panels
There are many companies to choose from in Dillon, and some homeowners feel overwhelmed considering their options. Picking the right company for you can be difficult, so here are some tips to help you decide:
- Contract: It's important to read your solar installer's contract thoroughly to understand what services they will provide, what the warranty covers and what expectations you should have about the installation process.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, such as when the site survey will be completed and how long it will take.
- Solar Panel Brands: Not all solar companies carry the same brands of solar panels, so the brand and type of panel you want can play a substantial role in the company you choose.
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for renewable energy professionals. If your solar panel installer is NABCEP-certified, it most likely has a good reputation and is qualified to do the job well. Another way you can check your installer's reputation is by reading reviews.
Best Solar Financing
Blue Raven Solar
- Industry-leading in-house financing
- Competitive pricing
- Excellent reputation
- Doesn't offer solar batteries (coming 2022)
Outstanding Regional Installer
Renu Energy Solutions
- Excellent reputation
- Many financing options
- Representatives are experts on local policies
- No leases or PPAs
EcoWatch's Dillon, SC Solar Cost FAQs
How much does it cost to install solar panels in Dillon?
This is a difficult question to answer exactly, because the cost depends on many factors. Generally speaking, it costs about $13,600 for a 5-kW system and $27,200 for a 10-kW system after the ITC is applied. It will cost more if you want extra solar equipment or higher quality panels, or if you have higher-than-average energy usage. On the other hand, you can spend less if you go with a smaller solar panel system or less efficient solar panels.
Can you get solar panels for free in Dillon?
You can't get solar panels for free in Dillon. However, you may still be able to install them on a lower budget. You can lease solar panels for a low upfront cost or, if you'd rather own your solar panels, you can finance them with a solar loan.
Does Dillon have a net metering program?
Each state has some form of net metering programs except Tennessee, South Dakota and Alabama currently. Some states let you sell power back to the grid, but others just offer you credit toward your future energy bills.
How often do you have to replace solar panels?
Even though the average lifespan of solar panels is 25 to 30 years, that doesn't mean they stop working completely at that time. What this means is their energy production will have decreased significantly after that point. You can opt to replace them once you've had them for that long or you can continue to use them at a lower efficiency.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.
Company research was conducted by Melissa Smith and Karsten Neumeister. Local data analysis was conducted by James Savino. See something we missed or could do better? Email the editor.